Power play: Andrews and Guy unveil electricity price-cutting pledges


October 26, 2018 07:04:36

One month out from the Victorian state election, the focus of campaigning has switched to power prices, with Labor and the Opposition both unveiling promises to bring consumers’ bills down.

Labor said it would legislate to require energy retailers to offer a fairer price, if re-elected on November 24.

The so-called Victorian Default Offer would force retailers to offer a lower price for default deals.

It said this could save households hundreds of dollars each year on their energy bills.

Meanwhile, the Victorian Opposition is proposing a scheme which would see a low-income electricity and gas rate purchased in bulk for pensioners and healthcare cardholders.

It expects its plan would help almost 1 million concession card holders save up to $530 on their bills each year.

More to come.








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